Apple announced a 4:1 stock split on July 31 and today Tesla announced a 5:1 stock split. The Tesla stock split would convert Tesla from a $1400 stock to five $280 share.
Apple shares went up about 15% after the stock split announcement. Tesla was up 6-8% in after-hours.
SOURCES – Tesla, Apple
Written By Brian Wang, Nextbigfuture.com, Brian owns shares of Tesla
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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